Gold rate today: Prices jump Rs 2,700 to Rs 1.18 lakh/10g in India; Rupee weakness and global demand drive rally

Gold prices in India soared to a record high of Rs 1,18,900 per 10 grams, fueled by strong global demand and a weakening rupee due to the US H-1B visa fee hike. Silver also surged to Rs 1,39,600 per kilogram. Experts cite expectations of US rate cuts, central bank purchases, and geopolitical tensions as factors driving the rally.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/6FjWRIb